15 February 2013

Liberia: CDC On Nocal's Back

The opposition Congress for Democratic Change (CDC) party has called on the Government of Liberia (GoL) to place a hold on awarding additional oil blocks to multilateral companies. The party said it was not prudent to continue to divide up the country's unstable economic commodity in the face of what it called weak national oil policy.

The CDC urged the government to use the already awarded oil blocks to yield the needed economic viability and a trickledown effect on the lives of ordinary of citizens.

The party's call was contained in a 12-page document titled: "CDC Official Response To The President Message."

The document, which was released recently at the party's headquarters in Congo Town, outside Monrovia by the National Deputy Secretary-General Mr. Samora P.Z Wolokollie, commended the government and at the same time criticized the government on several national issues.

According to the party, only a marginal fraction of funding by the NOCAL is being used towards developing the oil sector.

"The country would have appreciated information on the state of oil discovery, information on prospecting, the awarding of oil blocks and issues bordering on the national oil policy," the party said. The CDC also called for the administration of NOCAL to be scrutinized thoroughly.

"If this country is to be protected, Liberians must increase their capacity in the oil sector, which is presently dominated by foreigners. We propose that capacity building consumes at least 50% of the current NOCAL budget. This would develop a legion of Liberian hydro-economists, geologists, geophysicists and many other technical experts 2017," the party added.

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